Streak since january but are rising on better than forecasted earnings and we have lots of earnings to go through. Andre talking about china how it stabilized one chinese plunged after lower sales, trading almost 20 lower from yesterdays close. Its the biggest loss since 2009 for the company. Moving onto oil and gold we have seen a commodities route. Oil prices are rebounding and oil is trading near a fourmonth low. Down 19 still trading near the bear market of 20 territory from its may peak. Pimm lets take it check of the treasury market. There is little bit of selng on bonds. The 10 year is 2. 25 . This is over the past week and we can see a decline in the yield meaning the prices were a bit up. The intraday is moving a little bit higher with selling in the 10 year coming as the Federal Reserve began to two day meeting to consider raising Interest Rates. Lets take a look at the dollar and major currencies the euro is losing ground against the dollar. Poundn is stable and the sterling
Falling for three consecutive days. The lowest level in two months. We are seeing this downbeat sentiment. S p futures trading lower. Of course, a different story in shanghai. Still managing to stay in positive territory. Although slightly unchanged from friday, but remember, on friday, the shanghai composite closed above 5000 for the First Time Since 2008. It is still trading above that 5000 level. Back to you. Rishaad we have got more evidence of that 7 growth target in china. It is under threat once more. We have got exports and import numbers coming through. Down in may, both of them. Weaker internal and struggle demand responsible. Steve is looking at these numbers. Steve widely in line with expectations. Exports performing a little bit better but they are down. Exports down 2. 5 in may. They have fallen every month this year except for february which has extreme seasonal distortion. They were down 6. 4 in april. 15 down in march. The estimate was for. 4 down. We do not expect the
Falling for three consecutive days. The lowest level in two months. We are seeing this downbeat sentiment. S p futures trading lower. Of course, a different story in shanghai. Still managing to stay in positive territory. Although slightly unchanged from friday, but remember, on friday, the shanghai composite closed above 5000 for the First Time Since 2008. It is still trading above that 5000 level. Back to you. Rishaad we have got more evidence of that 7 growth target in china. It is under threat once more. We have got exports and import numbers coming through. Down in may, both of them. Weaker internal and struggle demand responsible. Steve is looking at these numbers. Steve widely in line with expectations. Exports performing a little bit better but they are down. Exports down 2. 5 in may. They have fallen every month this year except for february which has extreme seasonal distortion. They were down 6. 4 in april. 15 down in march. The estimate was for. 4 down. We do not expect the
Burn, a man investigators say is responsible is in jail, held on arson charges. We have Live Team Coverage and begin with Alisa Harrington with the latest on the fight against the flames. The fire jumped around and it looked like a war zone. And to my right, this swing set was left untouched. Where do i start . Star skidmore and her daughter crying on what used to be their home. The family owned eight properties. All ever gone. The only thing left standing is their auto business. This is our home. Weve been here so long. Star is looking for her three cats down the street, there was minor damage at this machine shop. Were heart broken. Were going to help anybody out. You know . Reporter cal fire says it could be weeks before it will be safe enough to allow people back in. Theyre considering having people escort residents to check on their properties. Its not as if we can just open the door. There are a lot of organization thats have a voice on when it will be safe. More than 175 structu
In Southern California. Its now grown to nearly 7,000 acres in just hours. Its burning in San Bernardino county. 4500 people face evacuation orders in the cajon pass and that is likely to grow. We have seen homes burning but there is no reliable number on how many at this time. This is from our sister station in l. A. Its burned 10 square miles and 0 containment now. Well bring you updates on this newscast and on twitter, thanks for joining us, im ama daetz. And im dan ashley. Now, another wildfire weve been following. Cal fire crews have a history of eight years. The fire near lower lake is 20 contained tonight. And while the fire continues to burn, a man investigators say is responsible is in jail, held on arson charges. We have Live Team Coverage and begin with Alisa Harrington with the latest on the fight against the flames. The fire jumped around and it looked like a war zone. And to my right, this swing set was left untouched. Where do i start . Star skidmore and her daughter cry